ConocoPhillips and partners secure Norway’s approval to redevelop Greater Ekofisk oil and gas fields via subsea tie-back

Type: Development · Technology: Oil Gas · Country: Norway · Announced: 2026-05-08

Norway’s Ministry of Energy approved the development and operation (PDO) plans for ConocoPhillips’ Previously Produced Fields (PPF) project in the Greater Ekofisk Area, enabling the redevelopment of three offshore fields—Albuskjell, Vest Ekofisk, and Tommeliten Gamma—via a subsea tie-back to the existing Ekofisk Complex in the North Sea. The project involves drilling 11 new wells from four subsea templates connected through a shared pipeline system, with first production targeted for Q4 2028 and an expected recovery of 90–120 million barrels of oil equivalent of gas and condensate resources. ConocoPhillips Skandinavia holds a 35.1% stake in Albuskjell and Vest Ekofisk and a 28.3% interest in Tommeliten Gamma, while Vår Energi owns 52.3% and 9.1% respectively, and Orlen Upstream Norway holds 7.6% and 62.6%. Petoro, Norway’s state-owned entity, retains a 5% stake in Albuskjell and Vest Ekofisk. The redevelopment leverages existing infrastructure to minimize costs and is positioned to bolster Norway’s gas exports to Europe, according to ConocoPhillips’ President for Europe and North Africa, Steinar Våge.

Analysis

ConocoPhillips and partners have secured Norway's approval to redevelop the Greater Ekofisk oil and gas fields via a subsea tie-back, with ConocoPhillips Skandinavia holding a 35.1% stake in Albuskjell and Vest Ekofisk and a 28.3% interest in Tommeliten Gamma. Vår Energi, a leading independent upstream oil and gas company on the Norwegian Continental Shelf, owns 52.3% and 9.1% respectively, while Orlen Upstream Norway holds 7.6% and 62.6%. The project involves drilling 11 new wells from four subsea templates connected through a shared pipeline system, with first production targeted for Q4 2028. The redevelopment is expected to recover 90–120 million barrels of oil equivalent of gas and condensate resources. Norway's Ministry of Energy approved the development and operation plans for the project on May 8, 2026.

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